Craft

IPG Photonics

Stock Price

$84.6

2024-07-03

Market Capitalization

$3.9 B

2024-07-03

Revenue

$1.3 B

FY, 2023

IPG Photonics Summary

Company Summary

Overview
IPG Photonics is a laser technology company. It operates in one segment, which involves the design, development, production, and distribution of fiber lasers, laser and non-laser systems, fiber amplifiers, and related optical components. The company caters to automotive, consumer electronics, aerospace, semiconductor, heavy industry, medical, oil and gas, nuclear power, and other sectors.
Type
Public
Status
Active
Founded
1991
HQ
Marlborough, MA, US | view all locations
Website
https://www.ipgphotonics.com/en
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Eugene Scherbakov

    Eugene Scherbakov, Chief Executive Officer and Director

    • Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President

      • Alexander Ovtchinnikov, Senior Vice President, Chief Technology Officer

      • Trevor D. Ness

        Trevor D. Ness, Senior Vice President, Sales and Strategic Business Development

      Operating MetricsView all

      Facility Space Leased, sq. ft.

      21.5K
      88.5%

      FY, 2023

      Facility Space Owned, sq. ft.

      2.5M

      FY, 2023

      Backlog

      $691.4M
      5.2%

      FY, 2023

      LocationsView all

      33 locations detected

      • Marlborough, MA HQ

        United States

        377 Simarano Dr

      • Anaheim, CA

        United States

        3150 La Palma Ave #K

      • Fridley, MN

        United States

        5110 Main St NE #1400

      • Marlborough, MA

        United States

        225 Cedar Hill St

      • Novi, MI

        United States

        46695 Magellan Dr

      • Oviedo, FL

        United States

        562 S Econ Cir

      and 27 others

      IPG Photonics Financials

      Summary Financials

      Revenue (Q1, 2024)
      $252.0M
      Gross profit (Q1, 2024)
      $97.5M
      Net income (Q1, 2024)
      $24.1M
      Cash (Q1, 2024)
      $496.5M
      EBIT (Q1, 2024)
      $19.1M

      Footer menu